MSME Pushes Tech Upgrade for Stronger Small Businesses
ECONOMY & POLICY

MSME Pushes Tech Upgrade for Stronger Small Businesses

The Ministry of Micro, Small and Medium Enterprises (MSME) is advancing nationwide technology upgradation and digitalisation for small enterprises through a range of schemes designed to modernise operations and strengthen competitiveness. Key initiatives include the MSE-Cluster Development Programme, which supports Common Facility Centres, alongside the network of Tool Rooms and Technology Centres. The Ministry is also implementing the Green Investment Financing for Transformation (GIFT) Scheme and the MSME Champions Scheme, each intended to enhance skills, improve quality, support green technology adoption and widen access to advanced manufacturing systems.

To accelerate digital transformation, the Government has introduced platforms such as the Udyam Portal, MSME Champions Portal, Government e-Marketplace (GeM), the Trade Receivables Discounting System (TReDS), MSME Mart, MSME SAMBANDH and the Online Dispute Resolution (ODR) portal. These initiatives streamline digital registration, online procurement, e-market accessibility, receivable financing and grievance redressal, helping small firms operate more efficiently.

The Ministry is also expanding its technical support network through the ‘Establishment of New Technology Centres/Extension Centres’ scheme, under which 20 Technology Centres and 100 Extension Centres are being set up across India. The expansion is aimed at improving local access to technology solutions, skilled manpower and advisory services, thereby strengthening competitiveness at the grassroots level. Approved locations include two centres in aspirational districts—Gaya in Bihar and Bokaro in Jharkhand.

In addition, the Ministry has created 65 Export Facilitation Centres (EFCs) within its field organisations, including MSME Development and Facilitation Offices, Technology Centres and Testing Centres. These EFCs provide mentoring and guidance to help small enterprises improve export readiness and enhance their global competitiveness.

This information was shared by the Minister of State for Micro, Small and Medium Enterprises, Sushri Shobha Karandlaje, in a written response in the Lok Sabha.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Ministry of Micro, Small and Medium Enterprises (MSME) is advancing nationwide technology upgradation and digitalisation for small enterprises through a range of schemes designed to modernise operations and strengthen competitiveness. Key initiatives include the MSE-Cluster Development Programme, which supports Common Facility Centres, alongside the network of Tool Rooms and Technology Centres. The Ministry is also implementing the Green Investment Financing for Transformation (GIFT) Scheme and the MSME Champions Scheme, each intended to enhance skills, improve quality, support green technology adoption and widen access to advanced manufacturing systems. To accelerate digital transformation, the Government has introduced platforms such as the Udyam Portal, MSME Champions Portal, Government e-Marketplace (GeM), the Trade Receivables Discounting System (TReDS), MSME Mart, MSME SAMBANDH and the Online Dispute Resolution (ODR) portal. These initiatives streamline digital registration, online procurement, e-market accessibility, receivable financing and grievance redressal, helping small firms operate more efficiently. The Ministry is also expanding its technical support network through the ‘Establishment of New Technology Centres/Extension Centres’ scheme, under which 20 Technology Centres and 100 Extension Centres are being set up across India. The expansion is aimed at improving local access to technology solutions, skilled manpower and advisory services, thereby strengthening competitiveness at the grassroots level. Approved locations include two centres in aspirational districts—Gaya in Bihar and Bokaro in Jharkhand. In addition, the Ministry has created 65 Export Facilitation Centres (EFCs) within its field organisations, including MSME Development and Facilitation Offices, Technology Centres and Testing Centres. These EFCs provide mentoring and guidance to help small enterprises improve export readiness and enhance their global competitiveness. This information was shared by the Minister of State for Micro, Small and Medium Enterprises, Sushri Shobha Karandlaje, in a written response in the Lok Sabha.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement